RMB Capital Names Two New Partners
CHICAGO--(BUSINESS WIRE)--May 22, 2019--
RMB Capital (“RMB”), an independent investment advisory firm with approximately $9.4 billion in assets under management, 1 announced that it has named Raj Bhatia and Sean Conway as new partners.
Founded in 2005 with two partners and 19 employees, the firm now has 21 partners and roughly 200 employees nationwide. Founding partner, CEO and co-chief investment officer Richard M. Burridge, Jr. believes the firm’s partnership model is essential to maintaining RMB’s independence, as it establishes a deep bench of leadership for the firm’s future.
“We believe being independent—employee owned and operated—is a prerequisite to serving our clients’ best interests,” said Burridge. “Both Raj and Sean, in their own ways, have been champions of our ‘client-first’ mentality. Raj has established a strong technology infrastructure that supports our offices around the country, as well as spearheading various IT projects that enable us to work more efficiently for the benefit of our clients. Sean spent many years at the forefront of our client service efforts and more recently has been managing integrations of wealth advisory teams we bring on board. It’s a complex, multi-faceted process, but Sean maintains laser focus on the client experience.”
Bhatia, chief technology officer, joined RMB in 2015 and was tasked with making the business more productive and efficient through the use of technology. In addition to growing the firm’s IT team, he has driven the vision, development, and execution of the firm’s technology roadmap, including infrastructure, security, business continuity/disaster recovery, systems integrations, and data management. Prior to RMB, he worked for several investment and asset management firms in technology leadership roles, including chief technology officer and global head of technology. He holds a bachelor’s degree in computer science and mathematics from Lawrence University.
Conway joined RMB in 2008 and has served in a number of wealth management roles, including his current position of integrations manager. When wealth advisory teams combine with RMB, Conway leads the efforts to acclimate the new employees to RMB’s systems, culture, and processes, and to transition legacy clients to RMB’s service model, investment platform, and providers. Prior to this role, Conway worked on a number of system and process rollouts related to increasing efficiencies for the RMB wealth management teams. He holds a bachelor’s degree in finance from Butler University.
In the past two years, RMB has merged with four different financial firms—two focused on investment management, one on wealth management, and one a hybrid of wealth management and family office services—with the goal of incorporating the strengths of the new teams to improve the overall client experience. Additionally, RMB recently opened its tenth client-facing office, in St. Joseph, Mich.
ABOUT RMB CAPITAL
RMB Capital is an independent investment advisory firm. Its businesses include wealth management, family office services, asset management, and retirement plan consulting. Headquartered in Chicago, RMB also has offices in Denver; Jackson Hole, Wyo.; Lake Forest, Ill.; Milwaukee; Minneapolis; New York; Oakbrook Terrace, Ill.; St. Joseph, Mich.; and Washington D.C. To learn more about RMB, visit www.rmbcap.com.
1 Total assets under management (“AUM”) presented here differs from regulatory assets under management (“RAUM”) reported on RMB Capital’s Form ADV. AUM reflects net assets under management for private funds and mutual funds managed by RMB Capital, while RAUM reflects gross assets under management. AUM also includes RMB West’s assets under advisement, which are not included in RMB Capital’s RAUM. AUM estimated as of 3/31/19.
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SOURCE: RMB Capital
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PUB: 05/22/2019 10:15 AM/DISC: 05/22/2019 10:15 AM